Letter 114: The Next Privacy x AI Token?
Breaking down what could be another good opportunity in this space
The crypto alt market hasn’t felt this bullish in a while. That’s not to say that things are actually bullish, or that we’re not in a bear market — but the energy and excitement (and number-go-up-ness) we’re seeing across tokens related to AI and Privacy tokens is a very welcome reprieve from the number-go-down action we’ve been seeing for a long time.
Lots of tokens have pumped a lot: VVV, DIEM, ZEC, NEAR, SERV, the list goes on. I caught some of them and missed others. The question at times like these is “what’s next?”
There are a couple of ways to think about answering that:
Looking for more beta plays within the existing narratives
Looking for the next narrative
While I think looking for the next narrative is overall the more fruitful endeavor and where the largest gains will be made, today we’re going to take a look at one token that I have my eye on that sits nicely in the AI x Privacy nexus and hasn’t run much (…yet?)
Perhaps next week we’ll look at what the next narrative(s) could be.
Today, however, we take a deep dive into a token that is down 97% from its peak, has been around for years, is building a real product that sits at the heart of the AI x Privacy sector, and recently partnered with Venice AI (yes, that Venice) to help with their privacy.
So without further ado…